Degree Conferral Requ​irements

All Accountancy (ACC) courses and any courses used toward the Accountancy minor must be completed with a minimum grade of C- and with a combined GPA of 2.000 or higher.

ACC 100

PRINCIPLES OF ACCOUNTING LAB

This course is a mandatory lab component of ACC 101- Introduction to Accounting I and emphasizes supplementary material to reinforce accounting principles concepts. This course is graded on an audit basis and carries no credit hours. CO-REQUISITE(S): ACC 101

Prerequisites:

ACC 101 is a corequisite for this class.

ACC 101

INTRODUCTION TO ACCOUNTING I

Introduction to Accounting I, provides an introduction to financial accounting as the means of recording, storing and summarizing economic events of the business enterprise to meet external reporting needs. Emphasis is placed on the preparation and analysis of financial statements and other financial reports to the public based on the accounting equation, accrual accounting concepts, and data gathering techniques. Topics include corporate accounting for current and long term assets and current liabilities, and the corporate income statement.

Prerequisites:

MAT 130 is a prerequisite for this class.

ACC 102

INTRODUCTION TO ACCOUNTING II

Introduction to Accounting II, a companion and sequel course to Accounting 101, continues to explore basic accounting fundamentals and concepts. The course provides an introduction to managerial accounting and internal reporting. Topics include financial accounting for long-term liabilities, the components of stockholders equity, the statement of cash flows, financial statement analysis, budgeting and variance analysis, job costing for the service sector and cost analysis for decision-making.

Prerequisites:

ACC 101 is a prerequisite for this class.

ACC 304

FINANCIAL REPORTING I

Financial Reporting I includes a study of U.S. and international accounting standards, the concepts of accounting and basic financial statements. Accounting for cash, receivables, inventories, depreciable assets and current liabilities will also be examined.

Prerequisites:

ACC 102 is a prerequisite for this class.

ACC 303

MANAGERIAL ACCOUNTING

Managerial Accounting provides a thorough grounding in manufacturing accounting, cost allocation techniques, and the evaluation of management control systems. Students will examine manufacturing cost systems including job order costing, process costing, and activity-based costing. Tools for management control systems will be covered to enable the student to evaluate and compare various systems.

Prerequisites:

ACC 102 is a prerequisite for this class.

ACC 305

FINANCIAL REPORTING II

Financial Reporting II focuses on researching accounting issues, revenue recognition and financial statement analysis. The course also provides an understanding of complex issues such as accounting for investments, long term liabilities, derivatives, contributed capital, retained earnings and earnings per share.

Prerequisites:

ACC 304 or ACC 307 is a prerequisite for this class.

ACC 306

FINANCIAL REPORTING III

The third course in the financial accounting sequence, this course studies deferred taxes, pensions and other post-retirement benefits, leases, accounting changes and error analysis, statement of cashflows (advanced), and full disclosure, if time permits. Selected spreadsheet applications will be introduced through homework assignments.

Prerequisites:

ACC 305 or ACC 309 is a prerequisite for this class.

ACC 308

ADVANCED FINANCIAL ACCOUNTING

Advanced Financial Accounting focuses on accounting for multi-corporate entities and acquisitions, accounting for state and local governments, accounting for non-profit organizations, foreign operations, partnership accounting, and segment reporting. Selected spreadsheet applications will be introduced through homework assignments.

Prerequisites:

MIS 140 and (ACC 305 or ACC 309) are a prerequisite for this class.

ACC 350

INFORMATION FOR DECISION MAKING

Information for Decision-Making is typically the final course in the curriculum in Accountancy. It is the course in the program that most emphasizes research using the FASB Accounting Standards Codification and documenting research results. There is also a focus on written and oral communication as well as teamwork. More specifically, the course addresses the standard setting process in financial accounting as well as the role that the Securities and Exchange Commission fills in that process. In addition, current financial accounting topics are covered including revenue recognition, fair value measurement and disclosures, and earnings quality. The course also provides an introduction to International Financial Reporting Standards.

Prerequisites:

(ACC 305 or ACC 309) and ACC 380 are a prerequisite for this class.

ACC 372

AUDITING I

Auditing I provides a conceptual introduction to the nature and value of assurance services. The course examines the organization of the accounting profession, Generally Accepted Auditing Standards (GAAS), professional ethics, and legal responsibilities including U.S. Securities laws. It focuses on financial audits by external auditors, including planning and acceptance, internal control, evidence, and reporting.

Prerequisites:

ACC 305 or ACC 309 is a prerequisite for this class.

ACC 374

AUDITING II

Auditing II, a companion and sequel to ACC 372, emphasizes the implementation and application of generally accepted auditing standards to transaction cycles and classes of transactions. It includes the study of sampling techniques used in tests of controls and tests of details, internal control in computer-based systems, and introduces the use of Computer Assisted Audit Tools and Techniques. The role of internal auditors is also covered.

Prerequisites:

ACC 372 is a prerequisite for this class.

ACC 375

FRAUD EXAMINATION & FORENSIC AUDITING

This course covers various aspects of fraud prevention and detection, including elements of fraud, costs of fraud, use of controls to prevent fraud, and methods of fraud detection. Guest speakers with expertise in fraud examination/forensic auditing will share their knowledge and experiences with the class.

Prerequisites:

ACC 102 is a prerequisite for this class.

ACC 380

TAX TREATMENT OF INDIVIDUALS AND PROPERTY

Tax Treatment of Individuals and Property covers the basic provisions of the Internal Revenue Code as they relate to the taxation of individuals. It focuses on concepts of gross income, exclusions, deductions, exemptions, and credits, as well as property transactions. It also includes tax research.

Prerequisites:

ACC 304 or ACC 307 is a prerequisite for this class.

ACC 383

TAX TREATMENT OF CORPORATIONS AND PARTNERSHIPS

Tax Treatment of Corporations and Partnerships is a continuation of Accounting 380. The course covers the tax aspects of corporations and partnerships, including formation, operations, and distributions, as well as specially taxed corporations, ethics in tax practice, and an introduction to estate and gift taxation.

Prerequisites:

ACC 360 or ACC 380 is a prerequisite for this class.

ACC 398

SPECIAL TOPICS

Special Topics courses provide in-depth study of current issues in accountancy. Content and format of this course are variable. Subject matter will be indicated in class schedule.

ACC 399

INDEPENDENT STUDY

Independent Study is available to students of demonstrated capability for intensive independent work in accountancy.

ACC 307

FINANCIAL REPORTING I FOR FINANCE HONORS STUDENTS

Financial Reporting I includes a study of U.S. and international accounting standards, the concepts of accounting and basic financial statements. Accounting for cash, receivables, inventories, depreciable assets and investments will also be examined. This course takes a user of financial statements, rather than a preparer of financial statements, point of view.

Prerequisites:

ACC 101, ACC 102 and status as a Finance Honors student are a prerequisite for this class.

ACC 309

FINANCIAL REPORTING II FOR FINANCE HONORS STUDENTS

Financial Reporting II focuses on researching accounting issues, revenue recognition and financial statement analysis. The course also provides an understanding of complex issues such as accounting for investments, long term liabilities, derivatives, contributed capital, retained earnings and earnings per share.

Prerequisites:

ACC 307 and status as a Finance Honors student are a prerequisite for this class.

ACC 250

CAREER MANAGEMENT FOR ACCOUNTANTS

This course is designed to explore and manage the professional expectations and career potential of an accountancy major. Students will participate in hands-on resume building activities, practice interviews and apply research and evaluation skills to execute job search and career management strategies. Students will learn about Career Center resources and internship opportunities as ways to prepare for successful job searches and to maximize their potential for long term professional growth.